Comments on: Using a Self-Directed IRA to Invest in Real Estate http://www.twowiseacres.com/financing-rental-properties/using-a-self-directed-ira-to-invest-in-real-estate/ In Pursuit of the American Dream Wed, 08 Sep 2010 00:01:57 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: iravestordotorg http://www.twowiseacres.com/financing-rental-properties/using-a-self-directed-ira-to-invest-in-real-estate/comment-page-1/#comment-3613 iravestordotorg Sun, 19 Oct 2008 19:28:16 +0000 http://www.twowiseacres.com/2007/12/17/using-a-self-directed-ira-to-invest-in-real-estate/#comment-3613 If your looking for more information on Self-Directed IRA's please see IRAvestor.org http://www.iravestor.org IRAvestor is a free business directory for the Self-Directed IRA community. If your looking for more information on Self-Directed IRA’s please see IRAvestor.org http://www.iravestor.org IRAvestor is a free business directory for the Self-Directed IRA community.

]]> By: Katie Lawrence http://www.twowiseacres.com/financing-rental-properties/using-a-self-directed-ira-to-invest-in-real-estate/comment-page-1/#comment-1122 Katie Lawrence Thu, 01 May 2008 14:19:39 +0000 http://www.twowiseacres.com/2007/12/17/using-a-self-directed-ira-to-invest-in-real-estate/#comment-1122 Buying Tax Liens: That is an excellent question that a lot of investors ask. I am the Public Relations Specialist at Guidant Financial Group, and in answer to your question: No, you cannot purchase a property with your IRA and then lease it back to yourself. The IRS has put strict regulations in place to prevent "self-dealing," meaning, IRA account-holders benefiting from their IRA accounts before distribution. For more information on IRS "prohibited transactions" (i.e., what you cannot do with your IRA and its investments), see IRC § 4975(c) (1), or visit Guidant's FAQs at: http://www.guidantfinancial.com/resources/faq.aspx Buying Tax Liens:

That is an excellent question that a lot of investors ask. I am the Public Relations Specialist at Guidant Financial Group, and in answer to your question: No, you cannot purchase a property with your IRA and then lease it back to yourself. The IRS has put strict regulations in place to prevent “self-dealing,” meaning, IRA account-holders benefiting from their IRA accounts before distribution.

For more information on IRS “prohibited transactions” (i.e., what you cannot do with your IRA and its investments), see IRC § 4975(c) (1), or visit Guidant’s FAQs at: http://www.guidantfinancial.com/resources/faq.aspx

]]> By: Self Directed IRA Advisor http://www.twowiseacres.com/financing-rental-properties/using-a-self-directed-ira-to-invest-in-real-estate/comment-page-1/#comment-1101 Self Directed IRA Advisor Sun, 27 Apr 2008 04:58:06 +0000 http://www.twowiseacres.com/2007/12/17/using-a-self-directed-ira-to-invest-in-real-estate/#comment-1101 We help individuals self direct their retirement account with a truly self directed IRA. We are seeing an increase in the number of individuals who want absolute control of their IRA account. Although we help our clients get checkbook control over their retirement account, they still have to comply to the IRA rules and regulations. We help our clients rollover their current 401ks and IRAs, set up <a href="http://www.irallcparter.com" rel="nofollow">self directed IRA</a> accounts, establish checkbook control, and help our clients navigate the mine field of costly prohibitive IRA transactions. We help individuals self direct their retirement account with a truly self directed IRA.

We are seeing an increase in the number of individuals who want absolute control of their IRA account. Although we help our clients get checkbook control over their retirement account, they still have to comply to the IRA rules and regulations. We help our clients rollover their current 401ks and IRAs, set up self directed IRA accounts, establish checkbook control, and help our clients navigate the mine field of costly prohibitive IRA transactions.

]]> By: Buying Tax Liens http://www.twowiseacres.com/financing-rental-properties/using-a-self-directed-ira-to-invest-in-real-estate/comment-page-1/#comment-1100 Buying Tax Liens Sat, 26 Apr 2008 07:46:07 +0000 http://www.twowiseacres.com/2007/12/17/using-a-self-directed-ira-to-invest-in-real-estate/#comment-1100 I didn't realize this was even possible? But if I understand it correctly, I couldn't take money out of my IRA, buy a house, and then lease it back to myself...or could I? I didn’t realize this was even possible?

But if I understand it correctly, I couldn’t take money out of my IRA, buy a house, and then lease it back to myself…or could I?

]]> By: Carl http://www.twowiseacres.com/financing-rental-properties/using-a-self-directed-ira-to-invest-in-real-estate/comment-page-1/#comment-349 Carl Sun, 13 Jan 2008 16:51:09 +0000 http://www.twowiseacres.com/2007/12/17/using-a-self-directed-ira-to-invest-in-real-estate/#comment-349 My firm has a division that originates commercial mortgages and services them for private mortgage investors. I have been seeing more and more inquiries about our product from those with self directed IRAs. It makes sense. The investment is in a real estate instrument, better than average returns and it is totally arms length (which conforms to IRS rules on disqualified entities due to relationships). My firm has a division that originates commercial mortgages and services them for private mortgage investors. I have been seeing more and more inquiries about our product from those with self directed IRAs.
It makes sense. The investment is in a real estate instrument, better than average returns and it is totally arms length (which conforms to IRS rules on disqualified entities due to relationships).

]]> By: Real Estate Readings | TheWildInvestor - Ramblings of an Entre-vestor http://www.twowiseacres.com/financing-rental-properties/using-a-self-directed-ira-to-invest-in-real-estate/comment-page-1/#comment-342 Real Estate Readings | TheWildInvestor - Ramblings of an Entre-vestor Sat, 12 Jan 2008 20:05:55 +0000 http://www.twowiseacres.com/2007/12/17/using-a-self-directed-ira-to-invest-in-real-estate/#comment-342 [...] Rob over at TwoWiseAcres talks about using a self-directed IRA to invest in real estate. [...] [...] Rob over at TwoWiseAcres talks about using a self-directed IRA to invest in real estate. [...]

]]> By: Real Estate | TheWildInvestor - Ramblings of an Entre-vestor http://www.twowiseacres.com/financing-rental-properties/using-a-self-directed-ira-to-invest-in-real-estate/comment-page-1/#comment-341 Real Estate | TheWildInvestor - Ramblings of an Entre-vestor Sat, 12 Jan 2008 20:00:22 +0000 http://www.twowiseacres.com/2007/12/17/using-a-self-directed-ira-to-invest-in-real-estate/#comment-341 [...] Rob over at TwoWiseAcres talks about using a self-directed IRA to invest in real estate. [...] [...] Rob over at TwoWiseAcres talks about using a self-directed IRA to invest in real estate. [...]

]]> By: Diane http://www.twowiseacres.com/financing-rental-properties/using-a-self-directed-ira-to-invest-in-real-estate/comment-page-1/#comment-242 Diane Mon, 17 Dec 2007 17:45:57 +0000 http://www.twowiseacres.com/2007/12/17/using-a-self-directed-ira-to-invest-in-real-estate/#comment-242 Millennium Trust Company http://www.mtrustcompany.com/services/ira/real.asp) located in Oak Brook, IL, custodies real estate in self directed IRAs. They are experienced, but don't offer advice on the subject. They can educate you on the process. Try contacting Sandra Reese at sreese@mtrustcompany.com for more info. Millennium Trust Company http://www.mtrustcompany.com/services/ira/real.asp) located in Oak Brook, IL, custodies real estate in self directed IRAs. They are experienced, but don’t offer advice on the subject. They can educate you on the process. Try contacting Sandra Reese at sreese@mtrustcompany.com for more info.

]]>